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  1. How inflation has reshaped Greek household spending
    Photo by MacroPolis

    Agora

    Household Budget Survey, Greek households allocated 23% of their consumption to food and non.... By December 2025, the CPI had reached 122.56 (2020=100), indicating that nearly all categories

    9%

  2. In effort to reach new deal, Greek government cannot ignore liquidity constraints
    Photo by MacroPolis

    EconomyProgramme

    Finance Minister Yanis Varoufakis, also directly linked to the state liquidity, is the budget execution... to the 2015 budget, revenues (excl tax refunds) for January were estimated at 4.8 billion euros, while...). Local media had indicated that the state’s remaining cash reserves do not exceed 2 billion euros

    9%

  3. Newsletter 35 - 17/07/2015

    Newsletters

    of this amount includes: 1. Amortisation of SMP and ANFA bonds held by the Eurosystem (12.7 billion); 2... November 2011 to May 2012. Primary surplus widens Greece’s budget primary surplus widened to 1.88 billion... expenditure (by 2.63 billion) and a higher public investment budget balance (by 1.54 billion). Revenues

    9%

  4. Newsletter 131 - 8/9/2017

    Newsletters

    the eurozone, including the creation of a European Monetary Fund and a sizeable budget for the member... budget fell by 217 million to stand at 1.68 billion. The breakdown of the figures showed that revenues... default rate remains over 2 percent and still exceeds the cure rate, with write-offs being the main

    9%

  5. Primary cash surplus at 1.75 bln as expenditure rises in Sept
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    a year ago. As noted previously, this year’s figure includes a one-off item of around 2 billion euros... euros to stand at 4.92 billion euros. The deficit in the Public Investment Budget (PIB) eased to 113... a decline of 111 million euros compared to last year’s deficit, which stood at 2 million euros

    9%

  6. The first cut is the deepest? Greek pension reforms in context

    EconomyFeatures

    to limit the rise of pension expenditure to 2 percent of GDP over the long term (2010-2060). It raised...’ pensions directly out of the budget rather than through a pension fund. State pensions amounted... a grant, and the state pension as a separate budget item has been all but eliminated. Pension levels

    9%

  7. Newsletter 170 -13/07/2018

    Newsletters

    on the five islands. The savings are set to come from reductions to the defence budget. Tsakalotos also had...,” the Commission said. 2 Unemployment rate edges up to 20.2 pct in April Number of those employed dips along... increased by 0.9 percent. The Finance Ministry’s projection in the budget sees the HICP rising

    9%

  8. Newsletter 177 -05/10/2018

    Newsletters

    coincided with the government tabling the draft 2019 budget in Greek Parliament. The plan submitted... euros by selling tier 2 bonds after an agreement with the ECB’s Single Supervisory Mechanism... billion. Overall, the state budget primary balance declined by 912 million euros to stand

    9%

  9. Newsletter 209 -07/06/2019

    Newsletters

    to gain between 2 and 4 percent. Pulse RC also published two scenarios regarding how the seats... is the result of a significant budget under-execution. It outlined the areas where Greek authorities have spent.... Given that the budget under-execution is not included in the European institutions' baseline scenario

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  10. Newsletter 228 -15/11/2019

    Newsletters

    , a full 0.5 percent lower than the government’s 2020 budget target, and 2 percent for 2021, with long... on the budget, including the achievability of the 3.5 percent primary surplus target in 2020... into this category, an increase of 502,976 from the previous quarter. 2 Employment balance down by 125,668

    9%